January 31, 2024 – Cayman Islands, Cayman Islands
The QRDO Foundation, dedicated to the growth and development of the QRDO ecosystem, has announced a strategic partnership with EQ LAB, a leading blockchain developer lab, to launch the Warden Protocol.
This initiative accelerates the upcoming launch of the Warden Protocol, an intent-based interoperability protocol built on Cosmos and based on the Fusionchain primitive.
Introducing the Warden Protocol
The Warden Protocol is a modular intent-centric blockchain built on the Cosmos-SDK.
At its most basic level, it enables users to create ‘spaces’ and ‘wallets’ on various blockchains and govern their activity through on-chain intents.
Complex multi-leg transactions can be built and cross-chain activity protected via complex intents, all enforced on-chain by the Warden Protocol.
For the builders in the space, Warden enables smart contracts to be deployed on Cosmos using Solidity and WebAssembly and facilitates a modular marketplace of key management solutions, from HSM solutions to multi-party computation providers.
A representative for the QRDO Foundation said,
“The Warden Protocol is the next evolution in intent and interoperability primitives. Joining forces with the EQ LAB team enables us to achieve this ambitious vision and ensures that QRDO token holders see the realization of a truly decentralized and open, intent-centric interoperability and key management protocol.”
Various applications have pledged their support to deploy on Warden, including the following.
- EQ.finance, a liquid staking hub for Cosmos that puts existing liquid staking tokens to work.
- WARDD, a USD-pegged decentralized stablecoin that provides Warden users with instant access to dollar liquidity.
- Marginly, a pluggable protocol for decentralized funding pools that enable margin trading on any spot DEX.
- SpaceWard, a SAFE-like platform for wallet management and governance.
EQ LAB will form the core contributor team to the Warden Protocol and will bring an extensive team of 15 core developers to the Warden Protocol.
Alex Melikhov, founder of EQ LAB, said,
“We are very pleased to be helping to establish the Warden Protocol as core contributors. As an experienced team of qualified blockchain developers, we see a bright future in the Cosmos ecosystem, and we look forward to seeing incredible value unlocked for both the existing QRDO and Q token holder communities.”
The Warden Protocol plans to…